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Updated over 2 years ago on . Most recent reply
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Comps for renting property for home daycare business
Hi, I’m trying to rent my house and was approached by a prospective tenant who wants to live in the house and also want to run a in-home day care in it.
I am not sure how to price the rent for tenants who wants to run business, can someone help me how I can find Comps for such rental properties please?
Thanks a lot in advance!
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- Real Estate Broker
- Cody, WY
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Quote from @Balarka Velidi:
My recommendation is that you not allow businesses in your home. It will cause excess wear-and-tear on the property, it can annoy the neighbors, and you expose yourself to additional liability. This is especially true in a state like California.
The reason they want to rent your home is because it's cheaper than renting a space that's designed for their business. That's just one of the red flags.
- Nathan Gesner
![business profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/marketplace/business/profile_image/1432/1738609377-company-avatar.jpg?twic=v1/output=image/contain=65x65)